On March 23, the Preparatory Committee of the Hong Kong-Korea Web3 Policy Promotion Alliance was officially established, and the "2026 GWDC Global Developer Conference - Seoul (Korea)" was launched simultaneously. This online conference was co-hosted by Web3Labs, HYPAI Labs, and GWDC, and brought together political and business leaders such as Hong Kong Legislative Council member Ng Kit-chong, South Korean National Assembly member Byung-deok Min, TRON founder Justin Sun , and Bithumb CEO Lee Jae-won. The event supported Chinese, English, and Korean subtitles and was streamed globally via platforms such as YouTube.
Justin Sun delivered a keynote speech entitled "A New Era for Web3 in Asia: Improving the Regulatory System, Empowering Infrastructure, and Deepening International Cooperation." In his speech, he systematically elaborated on global regulatory trends, TRON's infrastructure strategy and cutting-edge AI deployment, as well as his core propositions for promoting transnational policy cooperation in the Asia-Pacific region. His speech demonstrated his forward-looking vision and global influence as a leading figure in the Asian Web3 industry, attracting high attention from the industry.
Global regulatory clarity is accelerating, and Web3 innovation is entering a historic window of opportunity.
In his speech, Justin Sun pointed out that over the past year, global Web3 regulation has rapidly shifted from the "exploration and design" stage to the "implementation and implementation" stage, exhibiting unprecedented clarity and convergence. The United States has successively passed stablecoin legislation and established a strategic Bitcoin reserve; the new leadership of the SEC and CFTC generally holds an open attitude towards the crypto industry; the EU's MiCA regulations have entered the full enforcement stage, focusing on regulating stablecoins and custody services; Hong Kong has launched a stablecoin regulatory framework and entered the first batch of license issuance; and Singapore and the UAE continue to be important hubs for crypto startups.
The improved regulatory environment is unleashing significant market dividends. Justin Sun cited data showing that the stablecoin market has surged from $206 billion to over $320 billion in the past year, with tokenized assets and the integration of AI and blockchain technologies also experiencing explosive growth. He emphasized that regulatory certainty has greatly reduced compliance costs, attracting large-scale entry from traditional financial institutions, and the integration of traditional industries with Web3 is accelerating across the board.
However, Justin Sun also cautioned that regulation has a two-way impact on technological innovation. Overly cautious and conservative regulatory policies can also stifle innovation, so regulation must seek a "balance," and it is necessary to establish healthy interaction and communication channels between legislators and the industry. "If we only emphasize security while ignoring the driving force of innovation, the currently leading Asian Web3 industry may also lose its global competitiveness," he said.
Notably, earlier this month, the U.S. Securities and Exchange Commission (SEC) filed a motion to dismiss all charges it brought against Justin Sun Sun, the Tron Foundation, and the BitTorrent Foundation in 2023. This development, following the SEC's previous withdrawals of lawsuits against prominent crypto institutions such as Binance, Coinbase, and Uniswap, marks another significant milestone in the global crypto industry's compliance process. Justin Sun stated that he will continue to focus on accelerating innovation globally, deepening cooperation with regulatory agencies in various countries, and contributing to the healthy development of the cryptocurrency industry.
TRON: Global Practices of Mature Blockchain Infrastructure and New AI Deployment
In his speech, Justin Sun systematically introduced the latest progress of TRON in the fields of blockchain infrastructure construction and artificial intelligence.
Since its inception in 2017, TRON has been committed to promoting the maturity of the regional ecosystem and the implementation of practical applications. Currently, the TRON network has over 370 million registered accounts, with daily on-chain transactions ranging from $20 billion to $30 billion, making it one of the public blockchains with the largest circulating stablecoin volume globally. USDT's trading volume on TRON has consistently ranked among the top globally, providing low-cost, high-efficiency underlying support for cross-border payments, DeFi, and daily financial activities for users in the Asia-Pacific region and globally.
In terms of infrastructure capabilities, TRON is renowned for its high throughput, ultra-low transaction fees, and 24/7 global settlement capabilities, making it the preferred public blockchain platform for developers and enterprises in the Asia-Pacific region. In recent years, TRON has continuously increased its investment in the integration of AI and blockchain, launching innovative products such as AINFT. Simultaneously, through TRON DAO, it has consistently supported developer conferences, ecosystem funds, and stablecoin integration projects, facilitating the rapid implementation of Web3 projects in South Korea, Hong Kong, Singapore, and other regions, effectively enabling ordinary users and SMEs to enjoy the inclusive benefits of Web3.
Regarding its AI strategy, Justin Sun announced that TRON has officially joined the Agentic AI Council, hosted by the Linux Foundation, the world's largest open-source technology consortium, as a Gold Member. TRON will now share a seat on the council of this core international organization with global fintech giants such as OpenAI, Anthropic, Circle, and JPMorgan Chase. Justin Sun stated, "The next wave of digital payments will be machine-driven. We are ready to embrace it."
Cross-border collaboration is key to achieving "balanced and secure regulation".
In the third part of his speech, Justin Sun emphasized the strategic significance of transnational policy cooperation for building a healthy Web3 ecosystem, and expressed his high recognition and full support for the establishment of the Hong Kong-Korea Web3 Policy Promotion Alliance.
He pointed out that Web3 is inherently borderless, and a single country's regulatory framework can easily lead to "regulatory arbitrage" or ecosystem fragmentation. Only through cross-regional collaboration mechanisms like this alliance can legislators share best regulatory practices, coordinate stablecoin and custody standards, and fully listen to the voices of the industry, ensuring that regulatory policies can effectively prevent risks, genuinely protect user rights, and not stifle innovation.
He believes that Hong Kong's pragmatic regulatory framework and South Korea's open attitude toward Web3 are exemplary models of cooperation in the Asia-Pacific region, and their collaboration will provide an important reference for global Web3 regulation.
Justin Sun also highlighted TRON's achievements in security and compliance. Since 2024, TRON, together with its partners, has established the T3 Financial Crime Task Force. In the past two years, it has successfully frozen more than $300 million in funds involved in financial crimes across five continents. It has accumulated rich experience in enhancing international security agency cooperation and jointly addressing blockchain financial security threats, setting a successful example for industry security and compliance collaboration.
Justin Sun concluded by saying, "The future of Web3 belongs to those pioneers who dare to collaborate and strive for balance. The establishment of this alliance today marks the starting point of this vision. TRON and I will continue to contribute our efforts, working hand in hand with everyone to propel the Web3 ecosystem in the Asia-Pacific region and globally towards a new era of greater security, transparency, and prosperity."
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